Bullboard - Stock Discussion Forum Diversified Royalty Corp T.DIV

Alternate Symbol(s): BEVFF | T.DIV.DB.A

Consumer Cyclical Auto & Truck Dealerships

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in acquiring royalties from multi-location businesses and franchisors in North America. It owns Mr. Lube + Tires, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the quick lube service business in Canada, with locations... see more

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TSX:DIV - Post Discussion

Diversified Royalty Corp > DCPS

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Post by mickeymouse on May 09, 2024 7:23pm

DCPS

Distributable cash per share has increased marginally compared to last year in Q1 - .0629 compared to .0624 - payout ratio has increased from 96% to 97.2% which reflects the higher dividend being paid in Q1 this year - right now you are getting a 8.74% yield on an equity that does not have a lot of volatility - not the most exciting investment if you are a trader but a consistent dividend income producer.

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